Damodar Industries Management
Management criteria checks 3/4
Damodar Industries' CEO is Ajay Biyani, appointed in Jun 1998, has a tenure of 25.83 years. total yearly compensation is ₹5.40M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 15.36% of the company’s shares, worth ₹184.51M. The average tenure of the management team and the board of directors is 3.2 years and 15.1 years respectively.
Key information
Ajay Biyani
Chief executive officer
₹5.4m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 25.8yrs |
| CEO ownership | 15.4% |
| Management average tenure | 3.2yrs |
| Board average tenure | 15.1yrs |
Recent management updates
Recent updates
Damodar Industries Limited (NSE:DAMODARIND) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Mar 28
Damodar Industries (NSE:DAMODARIND) Will Be Hoping To Turn Its Returns On Capital Around
Mar 14Here's Why Damodar Industries (NSE:DAMODARIND) Is Weighed Down By Its Debt Load
Jan 06Investors Could Be Concerned With Damodar Industries' (NSE:DAMODARIND) Returns On Capital
Nov 03Damodar Industries (NSE:DAMODARIND) Has A Somewhat Strained Balance Sheet
Jun 06There Are Reasons To Feel Uneasy About Damodar Industries' (NSE:DAMODARIND) Returns On Capital
Apr 06Slowing Rates Of Return At Damodar Industries (NSE:DAMODARIND) Leave Little Room For Excitement
Dec 26Does Damodar Industries (NSE:DAMODARIND) Deserve A Spot On Your Watchlist?
Sep 02Here's Why Damodar Industries (NSE:DAMODARIND) Has A Meaningful Debt Burden
Jun 15Damodar Industries' (NSE:DAMODARIND) Returns On Capital Not Reflecting Well On The Business
Feb 08We Think Damodar Industries (NSE:DAMODARIND) Is Taking Some Risk With Its Debt
Dec 28Damodar Industries' (NSE:DAMODARIND) Earnings Are Weaker Than They Seem
Nov 23Damodar Industries (NSE:DAMODARIND) Will Want To Turn Around Its Return Trends
Nov 03We Discuss Why Damodar Industries Limited's (NSE:DAMODARIND) CEO Compensation May Be Closely Reviewed
Sep 07These 4 Measures Indicate That Damodar Industries (NSE:DAMODARIND) Is Using Debt In A Risky Way
Jul 02Who Has Been Buying Damodar Industries Limited (NSE:DAMODARIND) Shares?
Feb 28How Much is Damodar Industries' (NSE:DAMODARIND) CEO Getting Paid?
Feb 01Damodar Industries (NSE:DAMODARIND) Has No Shortage Of Debt
Jan 06
Should We Be Excited About The Trends Of Returns At Damodar Industries (NSE:DAMODARIND)?
Dec 11Have Insiders Been Buying Damodar Industries Limited (NSE:DAMODARIND) Shares?
Nov 15What We Learned About Damodar Industries' (NSE:DAMODARIND) CEO Compensation
Oct 14Is Damodar Industries (NSE:DAMODARIND) Using Too Much Debt?
Sep 09Is Damodar Industries Limited (NSE:DAMODARIND) At Risk Of Cutting Its Dividend?
Aug 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹31m |
| Sep 30 2023 | n/a | n/a | ₹24m |
| Jun 30 2023 | n/a | n/a | -₹790k |
| Mar 31 2023 | ₹5m | ₹5m | ₹8m |
| Dec 31 2022 | n/a | n/a | ₹63m |
| Sep 30 2022 | n/a | n/a | ₹137m |
| Jun 30 2022 | n/a | n/a | ₹184m |
| Mar 31 2022 | ₹5m | ₹5m | ₹184m |
| Dec 31 2021 | n/a | n/a | ₹206m |
| Sep 30 2021 | n/a | n/a | ₹148m |
| Jun 30 2021 | n/a | n/a | ₹53m |
| Mar 31 2021 | ₹7m | ₹7m | -₹62m |
| Dec 31 2020 | n/a | n/a | -₹189m |
| Sep 30 2020 | n/a | n/a | -₹195m |
| Jun 30 2020 | n/a | n/a | -₹129m |
| Mar 31 2020 | ₹7m | ₹7m | -₹69m |
| Dec 31 2019 | n/a | n/a | -₹29m |
| Sep 30 2019 | n/a | n/a | ₹3m |
| Jun 30 2019 | n/a | n/a | ₹36m |
| Mar 31 2019 | ₹6m | ₹6m | ₹84m |
| Dec 31 2018 | n/a | n/a | ₹114m |
| Sep 30 2018 | n/a | n/a | ₹116m |
| Jun 30 2018 | n/a | n/a | ₹109m |
| Mar 31 2018 | ₹6m | ₹6m | ₹117m |
Compensation vs Market: Ajay's total compensation ($USD64.70K) is above average for companies of similar size in the Indian market ($USD39.23K).
Compensation vs Earnings: Ajay's compensation has been consistent with company performance over the past year.
CEO
Ajay Biyani (61 yo)
25.8yrs
Tenure
₹5,400,000
Compensation
Mr. Ajay D. Biyani has been the Managing Director of Damodar Industries Limited (formerly, Damodar Threads Ltd.) since June 5, 1998., and served as its Vigilance & Ethics Officer. He oversees the productio...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 32.2yrs | ₹5.40m | 30.13% ₹ 361.8m | |
| Co-Founder | 25.8yrs | ₹5.40m | 15.36% ₹ 184.5m | |
| Co-Founder & Whole-Time Director | no data | ₹5.40m | no data | |
| Chief Financial Officer | 3.8yrs | ₹671.00k | no data | |
| General Manager of Technical | no data | no data | no data | |
| Head of Administration | no data | no data | 0.64% ₹ 7.7m | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Chief Marketing Officer | 2.6yrs | no data | 1.16% ₹ 13.9m | |
| Head of Finance & Marketing | no data | no data | 1.5% ₹ 18.0m | |
| Head of Amravati Plant | no data | no data | 1.72% ₹ 20.6m | |
| Chief Engineer | no data | no data | no data |
3.2yrs
Average Tenure
44.5yo
Average Age
Experienced Management: DAMODARIND's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 32.2yrs | ₹5.40m | 30.13% ₹ 361.8m | |
| Co-Founder | 25.8yrs | ₹5.40m | 15.36% ₹ 184.5m | |
| Co-Founder & Whole-Time Director | 32.1yrs | ₹5.40m | no data | |
| Additional Non-Executive Independent Director | 3.9yrs | ₹40.00k | 0.032% ₹ 386.6k | |
| Additional Non-Executive Independent Director | 3.2yrs | ₹30.00k | 0.0086% ₹ 103.0k | |
| Independent Non Executive Director | 4.4yrs | ₹35.00k | 0.0054% ₹ 64.4k |
15.1yrs
Average Tenure
61yo
Average Age
Experienced Board: DAMODARIND's board of directors are seasoned and experienced ( 15.1 years average tenure).